Paul Murray Live | 18 June

most important one. And there he is, the Prime Minister, smiling politely about Oh where are you from? Oh? Hello him from Australia. Oh get, I'll get a flat. How are you know? You know, just as here I am. I know everyone, and I'm so comfortable in the world stage radio. But of course the main game had already moved on President of the United States. So it was supposed to be the again today basically the first half. It's only two days. One day was the seven most

important countries in the world according to that grouping. Of course China and Russia not part of that. Then of course the B team, the kid's table, who weren't even allowed to dine with those main leaders last night, Well, they had their moment today. Now I know you know all of this, right, but I'm telling you tonight there's

some new detail worth talking about here. There's some extra detail that, under the cover of football and the fog of war, that we probably should take a moment because I know that in the end the left of the ones who at this point in time are in charge of almost everything, which means anything other than everything is okay will be wiped from the record. But you, by sitting here this hour, this night, are able to learn something that they will all pretend does not exist by

this time tomorrow. Today Labor Party people had to go around and tell us everything's fine. There was starting person or nothing at all about the idea that the President of the United States didn't just blow off the meeting

with the Australian Prime Minister. But of course, even when on the same day he had blown off a meeting which was supposed to happen to day with the Mexican president, he called the Mexican president during the multiplower flight from Canada to Washington, d C. Australia not on the list. So he was the spin today.

who don't understand what's going on. I hope Australia has a meeting. Whenever it happens, I hope it's positive. I certainly hope that the current Prime Minister, who yes I didn't vote for but still we deal with for the next three years, is able to form some sort of a personal life relationship that means we're able to start doing deals, whatever those are big or small. I want that to take place. But don't you just love the face saving. The face saving that was there for the

Prime minister today. Remember, I'm off to the G seven to meet the President of the United States. Reality, I didn't have dinner with him because he was with more important world leaders. I was at the kids table, and today I got to meet other second and third class world leaders and then have her listen to what he throws in at the end to make it seem like, oh, and I know everybody else.

Now according to this global level of leader interaction, because we're going to make it look like, oh, it doesn't matter. We were dumped. And again I repeat, I understand he had to get out of Dodge. Why because it was very serious things he had to deal with. We all know what's been happening in between Israel and Iran. But again, another little bit of detail I want you to learn about. Again, all of this will be brushed from the record. It will not exist anywhere. It will be a fever dream

in our minds. Now, remember when we were told that, of course Trump absolutely number one reason he had to get back to the White House was not because he was over and he'd had enough of mccron. He was not going to meet the B team. Not only had to get back, why because of the beginning the cusp of World War three? And yes that might be so that that was the first thing he did, was running into the situation room. But it wasn't the only thing

he did yesterday. Exactly in and around the time that he would have been meeting with the Australian Prime Minister, we learned that Donald Trump was doing something he considered to be more important than meeting the Australian Prime ministert Anthony Uneasy, and that was inspecting not one, but two new flag poles that he himself, as a personal citizen, is going to donate to the White House so the

American flag will be visible from the public streets. And while the President had no time to meet the Australian Prime Minister, who's saying geta to other world leaders. This came out. This came out at ten to twenty Australian time today, so that was about six ish American time. He would have already met the Prime minister, but there was no time for that. Instead, these are the most magnificent poles made. They are tall, tapered rustproof rope inside

the pole and the highest quality. Now I'm glad that he's been able to give that gift. But again, if we were told the reason I've absolutely got to go is because I'm one hundred percent focused on potentially World War three. But in the middle of that, I've got a bit of time for what he's going to be a lovely gift to the White House. They've been a

couple of poles. It may be just maybe and given them we're now what a couple of days in between the urgent run out of the meeting and nothing taking place to this point in time, that maybe, just maybe he was done with it. Maybe just maybe he saw that on the call sheet was, among others, some guy from Australia. Do I have to see the guy from Australia. Oh yeah, he's the one who said he was what oh s scared of me? Okay, no, But don't worry.

There's a chance that the media may well eventually get what they want, which is this meeting of which we could ask difficult questions of the President of the United States to try to play into the American news cycle, of which Anthony Abernezi will be able to make some passive aggressive comments. Because I'm standing up for Australia's rights.

You know, we will show far more balls at his meeting with the President of the United States than he would, of course in the boot looking exercise with the president of China, because he's managing the relationship well. According to people that are in and around where the Prime Minister is right now in Canada, there's a chance he might put himself through this whole nonsense again in about a week's time again. Like I'm mucking around here, I'm laughing

at these people, but obviously I want a meeting. I want it to be good. But everyone's spinning here. I have to get away because I'm the middle of World War three. But look at these flagpoles. I don't know. I was busy. I had people to say, get a two on the other end of things. A day after Albinizi said Defense Minister Richard Marles would be attending the NATO summit on Australia's behalf, the Prime Minister has announced

he may go instead. Why the volatile state of the world so yesterday when there had already been fire exchanged between Israel Iran Iran Israel, not to mention all of the other instabilities of the world. No, No males will be going in my place. Why because I want to avoid that bloke on Sky and he's calling me airbus Albo.

But instead, I don't know, sub him out because it's a chance for me to get that FaceTime and the passive aggressive and all the rest of it and bring the media mates with me to talk to Donald Trump. Sources said, if a meeting with the President could be locked in, he would go. Jeez. Exclusives. Exclusives. Sources say if they could organize a meeting, he'd go to the meeting. Okay, thanks, there's a lot of conversation happening, says one and again,

I'm not having a crack at Philip Curiy. I'm having a crack at the sources. The White House confirmed two weeks ago that Trump will be attending the NATA summit Dune twenty four to twenty five, although the State Department has warned on Wednesday nothing is certain. Why because of the obvious I just love I love the media being more upset that they didn't get the chance to play their voodoo and all the rest of it on the president that they don't like and polish up the Prime

Minister that they do like. I love that. The Prime Minister that we have among other things, says oh, and I said good to a lot of people. I'm still a world later and the President has to go because World War three is on. But in between all of that, did you see the flagpiles they bought for the joint I love this place, I really do. Now there is a chart I have shown you many many times because it is the future of the Australian relationship between government

debt and the future of our country. Now I want to keep this up because you've seen it a few times. For those who do not remember. If you remember it, though, say it along with me. Every single blue line inside the red rectangle budget deficits between this year, next year, the year after five years, ten years, twenty years, all

the way to twenty sixty three. Every one of those deficits is added on top of the previous one, the previous one, the previous one, the previous one, and even before this red line starts, where are trillion dollars in debt? Just putting a couple of those columns together will get us to one and a half trillion eventually two and

goodness forbid, even further than that. So this matters, right, This basically is that the federal budget is structurally spending more money than is coming in, even when the population will increase to forty million people by the twenty sixties. Well, Jim Charmers, fresh the federal election campaign, he was at the National Press Club today where he confirmed what I have been saying for years, what Treasury confirmed since two thousand and twenty three. Oh, but now it's news that

he's going to admit it. As far away from a federal election as possible, he has admitted that his budget is not yet sustainable, and it depends on productivity and productivity growth. Put simply, it's not sustainable because as the population grows, so will the expenses of the federal government. But the income to the federal government will not match the explosion in spending because they have promised too much

spending in too many areas, for too many people. He's the Treasurer finally admitting what we've known for years but have had confirmed by his own treasury. That document I show you that graph is from twenty twenty three, so before Trump, before a whole bunch of the before what was going on in the middle of twenty twenty three. The next forty years were screwed. From twenty twenty three. Nothing to see here. Everything's also in twenty four. Thanks for the reelection in twenty five and now this.

the lie in twenty two. We told you it was a lie. They said it wasn't a lie. The reality turned out that it was a lie. We've turned the corner. Everything's awesome, everything's okay, we're excellent economic managers. We told you it was a lie, but people fell for the lie, and now we get proof of the lie being a lie. So we get to this scenario about exactly what's going to take place. And what is going to take place

is a thing called tax reform. And I want you to hear how many times he said it in the speech to make sure that even the idiot right up the back was able to learn. Hey, guys, tax reform, tax.

The budget becomes unsustainable. So there's one option, which is to cut back the amount that you are spending, but of course that would create losers and cuts cuts, cuts, cuts, cuts, cuts, cuts, cuts, cuts is sort of the evil uga bug and stuff that has very successfully worked against the Liberal Party for a couple of elections. Now, so guess what tax reform

means increasing revenue to the federal government. And you may well read and every time you hear that there's not enough tax reform, you pretty much now need to read that there's not enough plans for increasing revenue. Now, obviously, politically, would they ever put up the tax rates on the individual worker, remember, the single biggest source of revenue to

the federal government. Know why because those people vote. But of course they're going to go after a certain section of those people who may well not traditionally vote for them. Or they might go after businesses of which they don't care if they hit the wall or not. Because remember how many times we talk about the plan is the triangle to be dependent via handout, to be dependent because you work for them, or to be dependent if government

is your biggest customer. This gets into sixty seventy percent of the population. Look at what Andrews and Alan have done in Victoria, what Palichet until recently had done in Queensland. See how people don't rock the boat. Well. Ken Henry is a man who was hired by the Rudgun to do, among other things, a full root and branch review of the tax system. He of course has come in and out of well plenty of corporate jobs, but the media often turned to him as the guy who did the

tax reform review. The tax review so interestingly in a review. In a interview with the Australian Financial Review, Ken Henry is kind of starting to build the cat about what tax reform would actually mean. Can I read this to you? At some point, the rate of the GST is going to have to be increased. Okay, So the GST is going to.

That would give you fifty billion dollars a year. Yes that I know that by just putting a price tag on something, theoretically, theoretically you're able to clik the tick and that fifty billion dollars. But maybe if the cost and the difference between the profit you make on the export is anything under that fifty billion dollars the people who are exporting it won't do because they're not going

to do it to lose money. Mate. The former treasury head said that the government should also address a really bigger normally of superannuation. Okay, so that one as well super taxes. Okay. So despite the fact that you since the nineteen nineties have been putting your money away, forced to do so by the government on the provision that if you know, five, seven, eleven percent, sixteen percent, if you're in the public service, is being put away, that

nothing will ever eat away at it. Oh but now it's a big giant pot of money, thanks very much, we might change the taxes on that very So that's what tax reform is going to mean. Okay, Now we might clip a little bit here. But the reason we're clipping a little bit here is because we can sell that to all of the little mushrooms who vote and because they work for companies they don't run companies, because

they work for businesses that don't own businesses. Who cares well the reality after multiple years of this government, its policies and its administration. There are thousands, thousands of businesses that don't exist anymore. A record number went to the wall in the past three years. And guess what the latest numbers about where we are this year compared to last year is we're even higher than that. Nearly seven thousand business collapseses insolvencies surge, particular areas that are copying

at the construction industry, food and accommodation. But because of course all of that's not run by the federal government or the state government or the local government, who cares. Right, the number of businesses shutting their doors has reached a historic high as almost seven thousand businesses across New South Wales have become insolvent in the past eleven months. Data shows insolvency in New South Wales increase by twenty six percent from the same time period last year, which was

five and a bit. It's now almost seven thousand businesses. Because you see, they're outside of the triangle, right, anything outside of the triangle. The only thing that it is for is to give money to the triangle. That's it. The latest ATTIC insolvency data reveals one thousand businesses in the accommodation and food services sector, mostly cafes and restaurants, have shut their doors close to two thousand construction companies between July one last year May twenty five this year.

Let's compare this state to state and is the most insolvencies compared to others. Victoria has five thousand of them, Queensland has three thousand of them. Western Australia has twelve hundred of them and South Australia has eight hundred and fifty All but now it's the time for tax reform, tax reform, tax reform, tax reform, yep, nothing will it

all happen to the businesses of Australia. If you increase the GST from ten to twelve to fifteen percent, yes, most of that money will go to the States, which means less complaining from them, but still the sticker price is going to go up. Oh that's serious. That's serious tax reform. Just charging people more is not tax reform.

It is just trying to find the fuel to fill the tank for how hot the government is running when it comes to its own expenditure, which by its own admission, will be in deficit next year the year after the year after that. As far as we can see for the next forty years. But because it'll turn around and say Donald Trump's fault trumpsfahlt orange Man bad, rather than anyone turn around and say, yeah, okay, you might say orange Man bad, but your treasury made this forecast in

twenty twenty three. In fact, it came out on the same day that he was having his mug shot taken in Atlanta, Georgia, so he was as far away from the presidency as anyone could possibly imagine, literally giving his fingerprints and taking a photo. But you watch what they knew would be bad. By twenty five, twenty six. They will now turn around and blame them an orange man beat. Why because they can, because they do, and because most of the media is along for the ride, they'll never

call it out. Hence why they will just keep trying to bunk a buster at us. But we need you to be here live nine o'clock Australian Eastern homepage skoy on news dot com. Are you when you see these videos pop up on YouTube? Share them around your mates again, None of this is contestable. This is all facts, right, facts from assic, facts from the Treasury at facts from what the Treasurer said today. But because big footy game on, have a look over there. Something's happening on the other

side of the world. Prime Minister saying get ata world letters rather than meeting the most important one in the world. Because he's putting flagpoles up out the front of the White House. Nothing to see so quickly about matters to do with conflict right now. So right now, I think it's about two o'clock in the afternoon in Israel. It's about twoint thirty in the afternoon right now in Iran, and it is about seven point thirty I think in

the morning at the White House. Now, the latest news from the Iranian leader is the Iranian leader say we are not going to surrender, meaning there's about to potentially be this giant face off white because we know that there is massive pressure, massive pressure, massive pressure to say, hey, the current people are running Iran, get out of the way, and if you don't get out of the way, we know exactly where you are and among others Israel, United

States will kill you. If that doesn't happen, then the hope is going to be to make sure that Iran's capacity to build a nuclear bomb to principally go after Israel, but potentially make its way all the way over to the east coast of the United States. Is what they need to blow up, and need to blow up very quickly, because obviously the more time that rolls on, the more chance there is for them to move the things that

need to be moved. Now, you know, they've hit a whole bunch of stuff they can see above the ground. There's a whole bunch of stuff that is below the ground, and that is this area here, essentially a couple hundred meters under the ground, is all of the serious stuff that is part of their weapons program. When it comes

to nuclear bombs. As you know by now, there is only one bomb and one bomb in the world that is going to be able to crack through the rock, and then you keep throwing a few others down the hole that produces, until eventually it drills down and blows away all the stuff that is below the ground. You know this thing to be the bunker Buster twenty feet five inches in the old language. You can see what that's like compared to the size of a normal human being.

The Washington Post explains how it works. Will put simply, it can once it blasts through the ground, go two hundred feet underground. A fuse then detonates a warhead, and an explosion happens after it's drilled itself two hundred feet

into the ground. Once you've got a hole, once you've got a channel, then additional bombs keept being thrown in down that tube, and that tube starts to widen out until eventually you can cut the whole top of the mountain off or hundreds of meters down into the ground. The only people who have it are the Americans, which is why we are talking about what's Donald Trump going to do? Why does it matter what the Iranians respond with? Israel says slowly buttually they might be able to carve

away at it, but they can't. They don't have the technology to do this. The only country that does is the United States. Now a whole bunch of reasons why they may want to do it to take a bad player off the table, or don't want to do it because they maybe don't want to expose the technology. I don't clearly, I'm not involved in the situation room, and everyone is essentially kind of trying to fill the information gap until we actually know what is going to be

taking place. But a little further explanation about how these things work from the Associated Press.

of the day, help Israel finish the job. And that will require I think, weapons that Israel doesn't possess, and maybe joint military operations.

on the foresillable future. And there are people that are trying to read anything into everything, and sometimes they can get to sort of the silly levels of things. The Pentagon thirty thousand people work in that building, of course, as the heartbeat of everything to do with the national

defense of the United States. And apparently some smarty pants have worked out that pizza may well tell us about whether the world is about to go to war him According to the Times of London, they have said that there is a way potentially being able to predict a guy of crisis about how much pizza is being ordered by people inside the Pentagon. Take all this with a giant grain of salt in which I'm presenting it to you.

But apparently there is a Twitter account, and apparently the people are using as much information as they possibly can to work out whether the people inside the Pentagon are staying late, you know, preparing for war. Let's turn to inside addition for their explanation.

Thanks to the good people of Harvey Norman who, of course without them, we would not have been able to venture to every corner of this beautiful country, with a plan to do so for a long time to come ouurtown at sky news dot com dot au. All right, let's get into this right now with a carry out a champ. Is Stephen Conroy here this evening, this Wednesday night. Finally, finally, finally, Bromin's on the show tomorrow, everyone, though, relax. Challenging him

tonight is Maggie Forrest Marriaggi as a lawyer. She politically, of course, has stood for the LMP instead of Ryan at the last federal election. Let's see if she can get your number. But I think I think he's looking good here, Maggie. Lovely to see you, mate. We're trying to get lots of new faces on and thanks for joining the family.

set your task. Can we get the grab of Albo saying how it didn't matter there was no meeting with the president today because he got to say get aid to people while walking around a conference center today and then I won't say a word, and Stephen, you get to pick it up straight after Albo finishes telling us how massive a day he had on the international circuit today roller tape.

a meeting with President Trump and to secure Australia's future and security.

fed inkim. But that's it. If there's a window, you take it. Do you push for the window? Do you kind of just you know, not really put that much effort into it. What's if there's if there's a chance, do you do it next week or does all this happen again in a week's time.

two reasons or three reasons. And then you have the most important one, which is to make the point to Trump that Australia contributing up to three to four billion dollars towards the American manufacture of submarines, and he needs to understand that part. He needs to understand that Australia and our geographic position to borrow from Richard Miles and all Richard Miles is guilty of his telling the truth.

If the Child and Americans get into a spat, will be drawn into it, whether we want to be in it or not, simply because of the use of our joint facilities to provide intelligence and satellite cover for the half of a day, every single day, where the satellites can't go direct to the US or the UK. Geographically, we're vitally important to the American strategic interests. So it's important for Albo to be making all of those points to Donald Trump, not just taking a lecture from him

about how much he thinks we should spend on defense. Well, we'll decide that ourselves. We're a sovereign nation, so we'll decide our policy on drugs, will decide our policy on defense, We'll decide our policy on the Internet. And those points all need to be made to Donald Trump. This is not one way traffic.

we're going to get it from somewhere else. As I said in Today five times five times in Charmer's speech is when he talked about tax reform, the media turn to people like Ken Henry used to run I think the National Australian Bank, but of course.

to spend belongs to the people. And in contrast, we've got the current Labor government with their plan to tax the hard working earnings of hard working Australians and tax unrealized gains on superannuation, and the fact that that tax isn't going to be index means that hundreds and thousands of Australians are going to be impacted, and more and more will be impacted every day. And if the Greens get their way and reduce the threshold, it'll get even worse.

being back for by people like Peter Walsh. I was a staffer and Ken Henry worked for David Morgan and those two people, Ken Henry was the junior Treasury official back then to David Morgan, and Ken Henry helped write Option C. Ken Henry has spent his entire working life trying to get a tax on food from the GST, and he has had many, many attempts to do it, and every time he fails, and even when the Libs and John Houston put it up in the nineties. I remember, Michael,

and it was Houston was on GST on food. Michael Kroger wrote to him back then as a young dynamo of the Liberal Party and said, for God's sake, dropped the GST on food. But let's not let that get in the way of Ken Henry turning it up once again. But more importantly, when you just know this, every time a Liberal member of Parliament or candidate says tax reform, that is code for we want to increase the rate of the GST and we want to put a GC

on DNA. It's what they believe in at the no. But I'm saying every time a Liberal says it, what there is code for is we want to put the gs up.

of everything. But I think we can all assume you will completely disagree with everything just said by Steven. But Maggie, I do want to talk about insurance because it's something that, let's be honest, major political parties don't have a handle on because it is the market. It is more people claiming more things than more expensive than ever before. But according to the stories around today that there have been more claims on insurance this year than the entirety of

last year. We know when it comes to extropical cyclone, Alfred, insert every other natural disaster, but the reality is that insurance premiums keep going up up. So how do we ever handle this because at a certain point in time there's going to be the people who need it the most who won't be able to either a access it or be afford it. So please solve the entire insurance industry for me in about forty five seconds. Thanks Paul.

going to continue. They've got the only bomb that even if they had an awful lot of them, there's still a question mark about whether they can dig a hole deep enough to get rid of all of the stuff that's in and around Iran. But I did want to talk about the effect of powerful maga people who are at their core for a whole bunch of reasons saying don't go there. Why because it could be the beginning

of Iraq or Afghanistan. Conversely, a whole bunch of people with even more national security experience saying, now's the time do this and win it for Israel. What are your thoughts about? Not what Trump will do, but again the forces on him.

around the world to keep the world safe. And so those competing views in general, let's build the world, we get the sell mall goods. We've got to grow the wealth, grow the prosperity of the world and particularly the US economy. That's been the dominant paradigm in the Republicans. But there is a very strong counter movement now where that pressure is enormous on Trump at the moment. And don't forget he ran on a basis he'd be the president for peace.

He fixed Russia Ukraine in a day. He has spectacularly failed that. We would love him to succeed, but he spectacularly failed that. And he has empowered Yahoo now to be fair net. Yahoo's military operation in Iran has been extraordinary. The ability to have troops on the ground, you know, covert troops, working with spies, working with.

resources in there thinking it was indestructible. To your point earlier, there has been a lot of discussion on this for the last ten years, whether or not any troops on the grounds, and again that then comes to get inside that facility. So that has really opened up that chasm in the Republican marga movement. At the moment, it is

a fascinating debate. I ultimately hope that the traditional establishment hawks win and those isolationists come to understand that America's influence in the world has led to prosperity for America.

tell a little bit of a lie every now and there. Well, there's a former politician who is about to take a certain role of responsibility inside the news world's liberal parties, sitting a bomb above, trying to work out what's been going wrong for them at the state level, which feeds into the federal level. His names Nick Rhner. It used to be a politician and I think ninety's was the Premier of New South Wales, former national president of the

Liberal Party. Well, he is now the Chair of Inquiry looking into the problems of the Liberal Party and he did an interview about it this morning on the ABC And jeez, isn't he really enthused to have the job.